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Investor Presentaiton

Growing Pessimism Despite Recent Board and Management Changes $110 $100 $90 $80 $70 Pricing for March 2021 Notes Cooperation Agreement Signed 120% 100% 80% 60% 40% 20% GME Short Interest vs. Peer Average BANK OF AMERICA Banc of America Securities currently has an Underperform rating on the stock with a price target of $1.60 Cooperation Agreement Signed $60 0% May-16 May-17 May-18 May-19 May-20 May-15 May-16 May-17 May-18 May-19 May-20 GME Peer Average restore Source: Capital IQ. Note: Peer Average as defined on page 5. Barnes & Noble is included up until August 6, 2019, when it was acquired by Elliott Management. GameStop 13
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